NonprofitsSouthwest Minnesota State University Foundation Inc Smsu Fdn

Education

Southwest Minnesota State University Foundation Inc Smsu Fdn

MARSHALL, MN

Total revenue

$5.4M

Total expenses

$4.2M

Net assets

$36.7M

Grants received

$1.5M

49 grants

EIN

237108470

Tax year

2024

Mission

To promote southwest minnesota state university and raise money for scholarships for students.

Programs

1 program

University promotion and recruitment: monies used to promote southwest minnesota state university through the advertising media and to recruit outstanding individuals to attend southwest minnesota state university.

Expenses: $1.9MGrants: $1.2M

Financials

FY 2024

Revenue

Contributions & grants$3.3M
Program service revenue$365K
Investment income$1.3M
Other revenue$506K
Total revenue$5.4M

Expenses

Grants paid$2.6M
Salaries & benefits$495K
Fundraising$195K
Other expenses$1.1M
Total expenses$4.2M
Total assets$40.3M
Net assets$36.7M

People

20 listed

NameRoleCompensation

AL ANDERSON

DIRECTOR

Board

KRISTI MUKOMELA

1ST VICE PRE

Board

JULIE BLEYHL

DIRECTOR

Board

TINA CARTWRIGHT

DIRECTOR

Board

JERRY BLY

2ND VICE PRE

Board

STEVE BINDER

DIRECTOR

Board

CINDY VERSCHAETSE

SECRETARY/TR

Board

SUMMER DAY

DIRECTOR

Board

DAVE WERPY

PAST PRESIDE

Board

BRAD BACON

PRESIDENT

Board

1 hrs/wk

DUANE CARROW

DIRECTOR

Board

JOE ROERS

DIRECTOR

Board

NEAL WAHLMAN

DIRECTOR

Board

TYLER BOWEN

DIRECTOR

Board

JASMINE DESMET

DIRECTOR

Board

MARIO HERNANDEZ

DIRECTOR

Board

JASON HOFFMAN

DIRECTOR

Board

NEIL KRUSE

DIRECTOR

Board

GARY RANGE

DIRECTOR

Board

TOM SAHLSTROM

DIRECTOR

Board

Grants received

Showing 49 of 49

FromAmountPurposeYear
$100K
GEN/OPER SUPPORT
2024
$39K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2024
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$5K
Athletics operations and compliance
2024
$200K
WORKFORCE DEVELOPMENT
2023
$50K
Education & Awareness
2023
$42K
For grant recipient's exempt purposes
2023
$25K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2023
$20K
UNRESTRICTED GENERAL SUPPORT
2023
$7K
CHARITABLE DONATION
2023
$5K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$100K
PROGRAM SUPPORT
2022
$70K
Education & Awareness
2022
$29K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$10K
MARL CLASS XI, 2022
2022
$8K
GENERAL SUPPORT
2022
$6K
Scholarship
2022
$70K
Education & Awareness
2021
$55K
Scholarship
2021
$27K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
$10K
MARL CLASS XI, 2021
2021
$60K
Sponsorship
2020
$55K
Education & Awareness
2020
$54K
For grant recipient's exempt purposes
2020
$26K
TOLK SCHOLARSHIP
2020
$10K
MULTIPLE PURPOSES
2020
$10K
MARL CLASS X, 2020
2020
$7K
Education & Awareness
2020
$50
MATCHING EMPLOYEE DONATION
2020
$100K
Education & Awareness
2019
$60K
Sponsorship
2019
$14K
Education & Awareness
2019
$8K
Education
2019
$27K
LEEANN C. TOLK SCHOLARSHIP FUND
2018

Funded by

$1.5M from 21 funders · 49 grants · 2018–2024

Minnesota Corn Growers Association

$366K · 7 grants · 2019–2023

Sanford Group Return

$300K · 2 grants · 2022–2023

Avera Health

$180K · 4 grants · 2019–2022

The American Center For Philanthropy

$173K · 6 grants · 2018–2024

Communitygiving

$100K · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$96K · 2 grants · 2020–2023

Donor Advised Charitable Giving Inc

$93K · 6 grants · 2018–2023

American Online Giving Foundation Inc

$38K · 3 grants · 2022–2024

Details

EIN237108470
NTEE codeB110
Subsection03
Ruling date1965-09
Formed1963
Employees0
Volunteers55
SOUTHWEST MINNESOTA STATE UNIVERSITY FOUNDATION INC SMSU FDN — Mission, Financials & Grants Received | Grantivo